Morrisons launches ‘Unbeatable Prices’ discounts across essentials
Morrisons has lowered prices across a wide range of essentials as part of a pledge to offer the most affordable options compared to other major competitors. The supermarket…
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Morrisons has lowered prices across a wide range of essentials as part of a pledge to offer the most affordable options compared to other major competitors. The supermarket…
Store comps at the off-price retailer soared 10% in Q2, thanks to new and returning customers, in sharp contrast to major rival TJX Cos.
India will allow duty-free imports of 1 million metric tonnes of raw sugar as the government seeks to bring down record-high domestic prices.
The Federal Trade Commission is seeking comments on the practice, giving businesses yet another reason to be wary of implementing personalized or surveillance pricing.
“Our price gaps to conventional grocers here in the U.S. are strong, and they continue to widen,” CEO and President John Furner said on an earnings call.
CFO John David Rainey said brick and mortar is vital as retail becomes more omnichannel. Meanwhile, Walmart's Q2 U.S. comps were softened by drug pricing regulation.
Some analysts believe the off-price retailer is also suffering the consequences of stiffer competition and consumers’ resistance to price increases.
Walmart is raising its guidance for the current fiscal year, despite posting its weakest growth in more than six years. The world's largest retailer now plans to use nearly $2.9…
Tesco products and Clubcard Prices are now available nationwide on Uber Eats, giving millions more customers across the UK another way to order their groceries.
Tesco’s partnership with Uber Eats has gone live across the country, with shoppers not only able to order groceries on-demand but also benefit from hundreds of Clubcard Prices and…
The move has been criticised by the Fed, who say retailers can no longer sustain cuts to margins on newspapers
Fuel retailers have been criticised by the CMA for failing to pass falling wholesale costs on to motorists quickly enough, as the competition watchdog warned that profit margins…